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Tuesday, June 7, 2011

Tata Dangote, Essar Among Bidders for the Sale of Nigeria Power Companies

Dangote Industries Ltd., Tata Group and Essar Group of India are among companies shortlisted to buy Nigeria’s state-owned power companies, the Bureau of Public Enterprises said in a statement in the Lagos-based ThisDay newspaper today.
The agency shortlisted 525 bids for the sale of 11 state- owned electricity distributions companies and six generation companies, it said on June 1.
To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net
To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net

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